FEATURED ARTICLES ABOUT NEW YORK STOCK EXCHANGE - PAGE 4

Aetna chief: Aetna Inc. named William Donaldson chairman, president and chief executive officer, replacing Richard Huber, who resigned. The insurance provider said Donaldson, the co-founder of Donaldson Lufkin & Jenrette Inc. and past chairman of the New York Stock Exchange, has been a director since 1977. Huber had been expected to suggest selling part of Aetna.

WWF on NYSE: World Wrestling Federation Entertainment Inc. said Friday it intends to list its common shares on the New York Stock Exchange on Oct. 25 under the symbol WWF. The Stamford, Conn.-based company's shares were first quoted on the Nasdaq stock market after it completed its initial public offering on Oct. 19, 1999.

Kemper Securities Inc. was awarded $562,000 in damages by an arbitration panel of the New York Stock Exchange for an alleged 1993 raid by Shearson Lehman Brothers that swept 10 brokers away from a Kemper branch office. The defection emptied Chicago-based Kemper's Mt. Kisco, N.Y., site, triggering a bitter and unusually public reaction.

Under review: The New York Stock Exchange said it's reviewing the eligibility of Chicago-based Rymer Food Inc.'s shares for continued listing, given the company's recent filing of a reorganization plan under Chapter 11 of the federal bankruptcy code. In recent trading, Rymer's shares were off 12 cents, at $1.

Bulk sale: American Express Co. said it will sell, through a public offering, the bulk of its stake in its information services unit for more than $1 billion. American Express said it will sell 32 million common shares of First Data Corp. at $35.125 each, Thursday's closing price on the New York Stock Exchange.

Jump in price: Shares of Oak Brook-based Chemical Waste Management Inc. rose sharply Thursday after Morgan Stanley & Co. upgraded its rating on the stock, citing its attractive valuation. In late trading, Chem Waste shares were up $1.25 to $20.75 on the New York Stock Exchange, on heavy volume.

Wall Street hiring up: New York Stock Exchange member firms hired almost 6,000 new workers in the second quarter, the first substantial increase since the 1987 stock market crash. Analysts and industry executives said the increase was stimulated by robust performances in stock trading and underwriting and does not signal the start of a hiring binge.

NYSE chief to join Merrill: Merrill Lynch & Co. said the New York Stock Exchange's outgoing chairman and chief executive, John J. Phelan Jr., will join Merrill Lynch's board Jan. 1. Phelan is retiring from the NYSE at the end of this month.

Baker, Fentress & Co., a Chicago-based closed-end investment fund, applied to list its shares for trading on the New York Stock Exchange starting in September. The firm's stock is currently traded over-the-counter.

General Electric Co. declined comment on a report that the huge diversified firm might be interested in bidding for Chicago Pacific Corp. Rumors that GE might be a suitor surfaced on Wall Street, where Chicago Pacific stock climbed $2.75, to $41.75, in heavy trading on the New York Stock Exchange.